PRICING NOTICE: Correction to publication frequency of Southeast Asia zinc premium

Fastmarkets incorrectly published weekly assessments for its Southeast Asian zinc premium over the past two months when the price should have been published every two weeks. Following a market consultation, Fastmarkets reduced the frequency of publication of a number of base metals price assessments in July in response to low transaction liquidity and a lack of price…

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ArcelorMittal Asks Midrex to Design Demonstration Plant for Hydrogen Steel Production in Hamburg

ArcelorMittal announced that it has commissioned technology provider Midrex Technologies to design a demonstration plant at its Hamburg site to produce steel with hydrogen. Both companies have now signed a Framework Collaboration Agreement to cooperate on several projects, ranging from research and development to the implementation of new technologies. The FCA will be governed by…

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Ukraine: Metinvest finally buys Dneprovsky Coke Plant

Metinvest B.V. has purchased 49.37% of Dneprovsky By-Product Coke Plant shares for $11 million. The official purchase took place in August. The coke output capacity of the plant is some 700 thousand tons per year. In January Metinvest bought 23.71% of Yzhkoks for $30 million. Dneprovsky By-Product Coke Plant received 373.62 thousand UAH of net…

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India Launches Steel Import Monitoring System

India’s Commerce & Industry Minister Mr Piyush Goyal launched Steel Import Monitoring System to give advance information about steel imports to government and stake holders. The SIMS will provide advance information about steel imports to Government and stake holders including, steel industry, steel consumers to have effective policy interventions. In this system, the importers of…

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